Search results
Results from the WOW.Com Content Network
BF Borgers, Trump Media & Technology Group’s independent accounting firm, was charged by the Securities and Exchange Commission on Friday with widespread fraud impacting more than 1,500 filings.
Austal USA, an Alabama-based shipbuilder that makes vessels for the U.S. Navy, has admitted wrongdoing and agreed to pay a $24 million fine to settle an accounting fraud investigation, the U.S ...
Fraud alleged to have impacted upwards of 500 public companies, according to Securities and Exchange Commission Accounting firm used by Trump Media hit with ‘massive fraud’ charge Skip to main ...
Wells Fargo's sales culture and cross-selling strategy, and their impact on customers, were documented by the Wall Street Journal as early as 2011. [5] In 2013, a Los Angeles Times investigation revealed intense pressure on bank managers and individual bankers to produce sales against extremely aggressive and even mathematically impossible [7] quotas. [8]
A month earlier, the company's internal auditors discovered over $3.8 billion in illicit accounting entries intended to mask WorldCom's dwindling earnings, which was by itself more than the accounting fraud uncovered at Enron less than a year earlier. [109] Ultimately, WorldCom admitted to inflating its assets by $11 billion. [110]
The SEC charged BF Borgers, the accounting firm for former President Donald Trump’s social media company, with “massive fraud.”
Over the course of a six-week trial they detailed the fraud for the jury, including the roles of Tuzman and Amanat in orchestrating it. [8] In December 2017, Tuzman and Amanat were found guilty on all charges (in Tuzman's case, market manipulation conspiracy, wire fraud conspiracy relating to defrauding KIT Digital shareholders, and accounting ...
Former President Donald Trump returned to his civil fraud trial Thursday to spotlight his defense, renewing his complaints that the case is baseless and heaping praise on an accounting professor's ...